Page 3 - China Us Trade

Traders guide on what to expect from Trump's Asia tour and meeting with Xi

A successful Trump-Xi meeting, as predicted by US president, will inject calm into markets and likely revive appetite for risk assets from Asian shares to regional currencies tied to China's economy

US probes China's compliance with 2020 trade deal as Trump heads to Asia

U.S. officials are launching an investigation into whether China lived up to its commitments under a 2020 trade pact that President Donald Trump described at the time as an incredible breakthrough.' The announcement Friday by U.S. Trade Representative Jamieson Greer came the same day Trump was scheduled to head to Asia, where he said he will meet Chinese President Xi Jinping in an effort to ease trade tensions between the world's two biggest economies. Beijing has announced that Xi will travel to South Korea to attend a regional economic meeting and for a state visit, but it has yet to confirm that he will meet with Trump while both are in South Korea. The possible leaders summit is highly watched as trade tensions have risen again, with both countries imposing more trade restrictions on the other and Trump threatening a new 100% tariff on China. Beijing has demanded that the U.S. not threaten new restrictions while seeking talks with China, and it's not immediately clear how Greer'

Oil disruption widens as China halts some Russia buys after US sanctions

The majors have begun to assess the curbs, as well as similar moves by the EU, according to people with knowledge of the situation, asking not to be identified discussing sensitive issues

Asian shares rise as US earnings, Trump-Xi meeting boost investor sentiment

As the US government shutdown blots out most economic data, the spotlight is on Friday's consumer price figures for signals about next week's policy meeting at the Federal Reserve

Trump seeks quick wins on trade, fentanyl and rare-earths in key Xi meeting

Trump has also floated an elusive agreement on nuclear weapons and expressed a desire to convince Xi to pressure Russian President Vladimir Putin to end his invasion of Ukraine

Trump warns China over fentanyl smuggling via Venezuela ahead of meeting Xi

Trump will meet Chinese President Xi Jinping on October 30 on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in Busan, South Korea

Asian stocks rise on easing US-China trade tensions, Nikkei hits record

A broad rally sent all three major US stock indexes to a sharply higher close overnight with chip stocks hitting a record high

Trump warns of 155% tariffs on China if trade deal not finalised by Nov 1

Trump warned of potential steep tariffs on Chinese goods if a trade deal isn't reached after his meeting with Xi Jinping later this month. However, he expressed his optimism for a 'fair' agreement

Trump official cautions China against penalising firms investing in US

Greer's warning comes amid ongoing US-China maritime disputes, with China controlling over half the world's shipbuilding and seeking greater influence in the South China Sea

Chinese officials try to ease global concerns over rare earth export curbs

China's unprecedented move on rare earths sparked a global pushback over the past week, as officials from Europe and Japan voiced concerns over supply chain stability

US-China talks planned next week as Trump plays down trade tariffs

President Donald Trump expressed optimism that talks with Chinese officials could yield an agreement to defuse the crisis that saw the US leader threaten to drastically hike tariffs

Apple's iPhone Air sold out within minutes of its launch in China

Apple's iPhone Air sold out within minutes of its launch in China on Friday, notwithstanding the current tariff war between Washington and Beijing. The new iPhone instant sale also underscores its popularity among Chinese consumers despite competition from Android devices. The strong sales followed Apple CEO Tim Cook's visit this week to promote the product in the world's largest smartphone market amid ongoing geopolitical tensions between China and the US. Cook is the chairman of an advisory body at China's Tsinghua University's management school. During his visit, he also met Chinese Vice-Premier He Lifeng, who heads China's trade delegation, which is currently holding trade talks with the US to resolve tariffs on Chinese exports. Pre-sales for the iPhone Air, which supports only e-SIM, began at 9 am local time on Friday, more than a month later than most of the world. Minutes after bookings opened, the model was sold out at all bricks-and-mortar stores in Beijing and Shanghai,

China's rare-earth restrictions aim to beat US at its own game

China's move has rekindled tensions between the world's two largest economies, with President Trump threatening to increase already substantial tariffs on Chinese imports

China is making it harder to get rare earth magnet export licenses

Approvals are taking longer, although generally still within the commerce ministry's 45 business day deadline, but the scrutiny is now similar to April, at the height of the trade war

Beijing sanctions Korean shipbuilder giant as US-China tensions escalate

China's commerce ministry accused Hanwha Ocean's US units of violating its anti-foreign sanctions law and warned of further countermeasures against countries backing discriminatory restrictions

Trump port fees bring added headache for Chinese shipping companies

Cosco Shipping could face $1.5-2.1 billion in US port fees in 2026, OOIL up to $654 million, while non-Chinese carriers see limited impact due to use of non-China-built ships

US, China to roll out tit-for-tat port fees on shipping amid trade tensions

Early this year, Trump's administration announced plans to levy the fees on China-linked ships to loosen that country's grip on the global maritime industry and bolster US shipbuilding

China firmly rejects US sanctions, vows to safeguard its rights, interests

China rejects recent US sanctions, calls high tariffs counterproductive, and urges Washington to resolve differences through dialogue based on equality, respect, and mutual benefit

China switches trade files to WPS-only format, shutting out MS Word

China's Commerce Ministry issued new documents on rare earth export controls which couldn't be opened using MS Word or any other American word processor but only with homegrown software, WPS Office

China's exports beat forecasts, showing resilience as trade war escalates

The strength of demand from markets other than the US means that Chinese firms should be less affected by the further increase in tariffs threatened by President Donald Trump